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Filing year 2024

SOO CO-OP CREDIT UNION

Sault Ste Marie, Michigan·EIN 38-1599932·14
Total revenue
$16.7M
Total assets
$290.6M
Total expenses
$13.4M
Reported officers
10
Mission

TO BECOME THE MEMBERS' PRIMARY FINANCIAL INSTITUTION BY PROVIDING RELIABLE, COMPREHENSIVE, COURTEOUS, AND PROMPT SERVICES THAT ARE COMPETITIVE WITH THE MARKET AND IN TUNE WITH MEMBERS' NEEDS.

Executive compensation

Form 990 · Schedule J · 4 reported individuals · Filing year 2024

$135k
$146k
Vice Preside
vice president
$95k
$102k
Chief Financ
officer (unspecified)
$90k
$97k
Director & E
board member
$18k
$19k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 6 unpaid individuals.

Up 5%
from 2023

From $129k in 2023 to $135k in 2024.

$129k
2023
$135k
2024
In today's dollarsEst.
Up 2% in real terms$143k to $146k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

SOO CO-OP CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$13.7M
$11M
2023
$16.7M
$13.4M
2024
Total revenue and total expenses from IRS Form 990 filings.
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